Microsoft is also releasing Office 365 alongside with Office 2010 SP1. Service Pack 1 for Office 2010 is available on Download Center and no sooner than 90 days after release, will be made available as an Automatic Update.

It’s also important to note, that it will be a collection (cumulative update) of all previously released patches and updates. Therefore it will not bring any new features.

What’s New in Service Pack 1

Outlook fixes an issue where “Snooze Time” would not reset between appointments.

The default behavior for PowerPoint “Use Presenter View” option changed to display the slide show on the secondary monitor.